14 June 2016

REIDIN Turkey Real Estate Indices: May 2016 Results

June, 2016

REIDIN Turkey Residential Property Price Indices: May 2016 Results

The residential sales price index for existing homes increased 1.46% in TR-7 cities, increased 1.34% in TR-30 cities and increased 0.91% in TR-32 cities during May 2016.

The residential rental price index for existing homes increased 1.78% in TR-7 cities, increased 1.64% in TR-30 cities and increased 1.00% in TR-32 cities during May 2016.

REIDIN-GYODER New Home Price Index: May 2016 Results

According to the results of REIDIN-GYODER New Home Price Index in May 2016 there is 0.18% increase with respect to the previous month and in compliance with May 2015 there is 6.91% increase.

According to the results of REIDIN-GYODER New Home Price Index in May 2016 “Branded Projects” in Istanbul Asian side shows 0.11% increase and 0.12% increase in European side.

According to the results of REIDIN-GYODER New Home Price Index in May 2016 there is an increase of 0.66% in 1+1 flat type; decrease of 1.99% in 2+1 flat type; increase of 2.01% in 3+1 flat type and increase of 0.33% in 4+1 flat type with respect to the previous month.

According to the results of REIDIN-GYODER New Home Price Index in May 2016 there is 0.68% increase in 51-75sqm size; 0.24% decrease in 76-100sqm; 1.80% decrease in 101-125sqm size; 1.97% increase in 126-150sqm and 0.27% increase in 151sqm and bigger sized properties with respect to the previous month.

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